On 27 June 20.9, the store was hit by a severe flood. The flood destroyed most of the inventory in the storeroom. The following information was taken from the trail balance for the period 1 January 20.9 up to the date of the flood: Net sales 3 125 000 Net purchases 2 178 880 Sales expenses 52 500 ADDITIONAL INFORMATION: 1. Personnel from the emergency services recovered inventories with no flood damage that was marked at an invoice selling price of R40 500. 2. During March 20.9, a sale was held and all goods were sold at 20% discount on the selling price. The total receipts during this sale amounted to R598 000 and is included in the sales figure of R3 125 000. 3. Thuto Computers (Pty) Ltd is registered for VAT purposes. VAT is calculated at 15%

prepare answers to possible questions such as total sales, total purchases, gross profit percentage, cost of inventories destroyed etc